Page 46 - FMS Today Volume 1 Issue 1
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The MoU will be in force for an initial period of two years and may

                                             be  renewed  by  mutual  agreement  between  the  parties  valid  for
                                             five years from the date of execution. CA Sri Lanka has agreed to
                                             offer  a  Gold  Medal  Award  to  the  best  performing  student  of  the
                                             degree  programme;  BSc.  Honours  in  Financial  Management  and

                                             further scholarships to undergraduates of Faculty of Management
                                             Studies  to  follow  the  CA  professional  programme.  The  MoU
                                             facilitates  the  university  and  the  CA  Sri  Lanka  by  granting
                                             opportunities for the lecturers of both institutions to participate in

                                             seminars,  workshops,  and  conferences  conducted  on  accounting
                                             themes  and  topics,  subject  to  payment  of  fees  levied  from  all
                                             participants.  Further,  CA  Sri  Lanka  may  offer  their  eminent

                                             personalities driving academic and professional activities.


                                             MoU  amplifies  the  knowledge  base  allowing  the  lecturers  of  the
                                             Faculty  of  Management  Studies  to  access  the  CA  Sri  Lanka
                                             library  and  create  immense  opportunities  for  joint  research  work

                                             on the accounting discipline. Moreover, CA Sri Lanka contributes
                                             to  revising  the  curriculum  and  finding  training  opportunities  for
                                             undergraduates of the Faculty of Management Studies, SUSL. CA

                                             Sri  Lanka  and  the  Faculty  of  Management  Studies  will
                                             collaboratively  be  developing  the  forum  for  contemporary  Issues
                                             and be hosting the International Accounting Day.


                                             The  Vice-Chancellor  of  the  SUSL,  Professor  Udaya  Rathnayaka,

                                             stated,  “in  today’s  fast-paced  world,  we  need  beneficial
                                             partnerships  to  encourage  creativity,  leverage  experience,  and
                                             maximize resources that can help to solve a business solution as

                                             quickly as possible”.


                                             Commenting  on  the  collaboration,  Professor  Athula  Gnanapala,
                                             Dean  of  the  Faculty  of  Management  Studies  of  the  SUSL,  stated
                                             that  “we  are  delighted  to  join  hands  with  the  national  body  for

                                             accounting to enhance the professional competencies of students
                                             who are related to both accounting and non-accounting. I believe
                                             that the academic institutions should join hands with professional

                                             institutions  for  the  betterment  of  the  future  leaders  of  the
                                             country”.










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